Pre-Foreclosure in Catlin, IL 61817

Foreclosure In Lake Village

$117,800

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Overview

This property is in initial default, also known as Pre-Foreclosure. The homeowner of this property has missed at least one payment and is now considered delinquent. In order to avoid a full foreclosure, the homeowner may be willing to sell this home at an attractive price. No asking price is posted on Pre Foreclosures because these properties are not formally listed on the market for sale, yet. Instead, the original loan balance is presented. Use this amount, along with local sale price comparables to establish a reasonable offer on this home.

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Home Details

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property typeresidential

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fireplaceno

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sub-division

Lake Village

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How To Finance

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$664.93

Down Payment: Amount you plan to pay up-front on the purchase price of the property. A 20% down payment is the desired amount by most lenders, but you may pay less.

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Interest Rate

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Interest Rate: The percentage rate a lender is charging on the amount of money you have borrowed for your home purchase.

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Loan Termyears

Property Tax

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Property Tax: The annual tax you pay on your property as a percentage of the total property value. This value defaults to a national average of 1.2% of the home price.

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Homeowner Insurance

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Homeowner Insurance: How much do you anticipate spending a month on homeowners insurance?

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Include PMI

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Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.

Apply Veterans Benefits

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If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI). Learn More.

Homes for Sale in Catlin, IL

This home is located in Catlin, IL 61817 US and has been listed on Homes.com since 16 October 2017 and is currently priced at $117,800. The house is within the school district(s) Catlin Community Unit School District 5 with nearby schools including Catlin Elementary School and Catlin High School. Similar properties nearby are 405 W Center St, 7 Lake Ct, 108 Meade St, 105 Taylor St, 101 E Center St, 101 Meade St, 15303 N 920 E Rd, 11735 Catlin Homer Rd, 4 Lakeview Dr, and 109 Drew Dr.

Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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